Processing Systems & Products

Yesterday, after market close, Polycom Inc. (PLCM) declared highly disappointing financial results for the third quarter of 2011. Soaring operating expenses and a fall in revenue from large enterprises are the primary reasons for...

A leading provider of video and audio conferencing equipment and related network infrastructure, Polycom, Inc. (PLCM) recently partnered with a reputed social business solution provider, Jive Software to combine its...

Yesterday, Polycom Inc. (PLCM) declared its second quarter 2010 financial results that beat the Zacks Consensus Estimate. GAAP net income for the second quarter was $12.6 million or 14 cents per share compared with a net income of...

Yesterday, after market closed, Polycom Inc. (PLCM) declared its first quarter 2010 financial results. GAAP net income for the first quarter was $5.4 million or 6 cents per share compared with a net income of $8 million or 10 cents...

The unified collaborative communications (popularly known as video conferencing) market is going through consolidation phase. Polycom Inc. (PLCM) remains the only pure play video conferencing solutions provider which is yet to collaborate...

Yesterday, after market closed, Polycom (PLCM) declared its fourth quarter 2009 financial results. Quarterly total revenue of $267.9 million was up 1.8% year-over-year and up 10% sequentially. The revenue was also better than the...

We downgrade our recommendation for Polycom Inc (PLCM) to Neutral, following the mixed financial results of its third quarter 2009. Third quarter total revenue of $243 million was down 11.9% year-over-year but was an improvement of 5.3% sequentially. Quarterly revenue was also an...

Polycom Inc. (PLCM) recently announced plans to cut its workforce by 3% in the third quarter. Consequently, the company will record a restructuring charge of $5 million – $6 million in the same quarter. Last January, management had declared plans of reducing total headcount...

SeaChange International, Inc. (SEAC) is coming of a record-setting quarter and Wall Street is projecting phenomenal growth rates. The company will look to continue its streak of positive surprises on Nov 27.